Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Verify due diligence info and assess risk for client onboarding.
- Company: Join a leading Lloyds Broker in the heart of the city.
- Benefits: Enjoy a hybrid work model with 3 days in-office and 2 days remote.
- Why this job: Be part of a dynamic team making impactful decisions in finance.
- Qualifications: 1-2 years in KYC, with knowledge of CDD and sanction screening tools.
- Other info: Located near Tower Hill Tube Station for easy commuting.
The predicted salary is between 30000 - 42000 £ per year.
THE COMPANY: We are working with a leading Lloyds Broker who are looking for a Junior Due Diligence Analyst to join the team. The firm are based in the city close to Tower Hill Tube Station, operating a hybrid working pattern of 3 days in the office, 2 at home.
THE RESPONSIBILITIES:
- Verification of Due Diligence information received, at initial Account onboarding, and later at Due Diligence reaffirmation stage through Internet searches and applications.
- Using Sanctions & Regulatory Checking database (World Check) to establish if there are reputational or sanction related issues.
- To form a risk-based decision that is appropriate and auditable and create applicable BMS broking system accounts thereafter.
- Ensure that during the process, any identified ‘High Risk’ cases from due diligence or sanction exposure are escalated to DDMS management.
- Ensure that during the process, any identified ‘Politically Exposed Persons or State-Owned Entities are correctly identified and recorded within World Check and escalated within DDMS as appropriate.
- To follow department rules and procedures to ensure that Due Diligence performed and reaffirmed, is in line with the timescales within the company procedures.
- Ensure excellent service and compliance using meticulous checking and organisation.
- Advising the business day-to-day as required on policy application and interpretation.
EXPERIENCE REQUIRED:
- 1 – 2 years’ experience within KYC and had focus on CDD within the insurance or financial service space.
- Understanding of how you would implement the processes and procedures for onboarding clients from varying risk profiles and be able to clearly demonstrate and explain this.
- Ability to commute to the office 3 days a week.
- Experience with sanction screening tools.
Junior Due Diligence Analyst employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Due Diligence Analyst
✨Tip Number 1
Familiarise yourself with the key tools and databases mentioned in the job description, particularly World Check. Understanding how to navigate and utilise these tools will not only boost your confidence but also demonstrate your proactive approach during interviews.
✨Tip Number 2
Brush up on your knowledge of KYC (Know Your Customer) and CDD (Customer Due Diligence) processes. Being able to articulate your understanding of these concepts and how they apply to different risk profiles will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance and financial services sectors. Engaging with industry experts can provide valuable insights and potentially lead to referrals, which can significantly enhance your chances of landing the job.
✨Tip Number 4
Prepare for situational interview questions that focus on compliance and risk assessment. Think of examples from your past experience where you successfully identified and escalated high-risk cases, as this will showcase your ability to handle the responsibilities of the role.
We think you need these skills to ace Junior Due Diligence Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in KYC and CDD, particularly within the insurance or financial services sector. Use specific examples to demonstrate your understanding of onboarding processes for clients with varying risk profiles.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Junior Due Diligence Analyst position. Mention your familiarity with sanction screening tools and your ability to make risk-based decisions. Be sure to explain why you are a good fit for the company's hybrid working model.
Showcase Relevant Skills: Highlight skills that are crucial for the role, such as meticulous checking, organisation, and compliance. Provide examples of how you've successfully applied these skills in previous roles or projects.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for a role focused on due diligence.
How to prepare for a job interview at Compliance Professionals
✨Know Your KYC Basics
Make sure you brush up on your knowledge of Know Your Customer (KYC) processes and Customer Due Diligence (CDD). Be prepared to discuss how these concepts apply to the insurance or financial services sector, as this will demonstrate your understanding of the role.
✨Familiarise Yourself with Sanction Screening Tools
Since the job involves using tools like World Check for sanction screening, it’s crucial to have a basic understanding of how these tools work. If possible, try to get hands-on experience or at least read up on their functionalities to show your initiative.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to describe how you would handle specific situations, such as identifying high-risk cases or dealing with Politically Exposed Persons. Think through some scenarios in advance and be ready to explain your thought process clearly.
✨Demonstrate Attention to Detail
Given the meticulous nature of the role, be prepared to showcase your attention to detail. You might be asked about past experiences where your organisational skills made a difference, so have examples ready that highlight your ability to manage complex information accurately.
